Actions seek to enhance the organisations performance by establishing a competitive advantage over its Rivals is known as

• Administrative response
• Competitive response
• Collective response
• None

_________ can be the process by which organisations monitor their relevant environment to identify opportunities and threats

• Environmental analysis
• Business Environment
• Environmental scanning
• Micro environment

An effective organizational strategy, therefore is one that capitalizes on the opportunities through the use of strengths and neutralizes the-

• Opportunities
• Threats
• Strengths
• None

In the PESTLE frame work for environment analysis what does the letter T stand for

• Technical
• Technological
• Term
• Tenure

Which of Element is a macro environment

• Customer
• Market
• Competitors
• Government

Economic resources, the level of income economics policies are example of

• Demographic Environment
• Political Environment
• Economic Environment
• Global Environment

Which of these element are not of macro environment

• Political Environment
• Economic Environment
• Social Environment
• Competitors

Study of human population is called as environment

• political
• demographic
• global
• economic

Which of the following is not characteristic least resistance strategic response:

• simple goal maintaining
• passive approach
• dynamic
• all of the above

Process of strategy formulation starts with:

• appraisal of external environment of the organisation
• performance analysis
• choice of strategy
• none of the above